The Hill Residences
For Sale From: $549,900
(1 votes, average: 5.00 out of 5)
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The Hill Residences Price History
Studio
1 Bed
1 Bed + Den
2 Bed
All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.
The Hill Residences is a new condominium development by Metropia Urban Landscapes currently in pre-construction located at 1406 Yonge Street, Toronto in the Summerhill neighbourhood with a 90/100 walk score and a 84/100 transit score. The Hill Residences is designed by IBI Group. The project is 50 storeys tall and has a total of 542 suites ranging from 245 sq.ft to 585 sq.ft. The Hill Residences is the #1589 tallest condominium in Toronto and the #27 tallest condominium in Summerhill. The Hill Residences is currently in Registration Phase.
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About Summerhill
Discover Summerhill, Toronto: A Prestigious and Walkable Neighbourhood
Summerhill, located in Toronto, is a highly desirable neighborhood known for its historic charm, lush green spaces, and vibrant community. This area, situated along the Yonge Street corridor, offers a perfect blend of urban convenience and residential tranquility. Here’s an in-depth look at what makes Summerhill a standout neighborhood.
Why People Love Summerhill
Summerhill is celebrated for its unique combination of historical significance, upscale amenities, and excellent walkability. Key highlights include:
- •Historic Charm: The neighborhood features a mix of Victorian and Edwardian homes built between 1880 and 1915. These homes, with their distinctive architectural styles and brick exteriors, add to the area’s charm and historical ambiance .
- •Scenic Green Spaces: Summerhill is home to several parks and green spaces, such as the Rosehill Reservoir Park and David A. Balfour Park. These parks offer walking trails, playgrounds, and stunning natural scenery, making them perfect for outdoor activities .
- •Vibrant Community Events: The neighborhood is known for its community events and vibrant cultural scene. The annual Cavalcade of Lights, featuring a 50-foot blue Christmas tree, is a highlight for residents and visitors alike .
- Local Amenities
- Summerhill provides a wealth of amenities that enhance the quality of life for its residents:
- •Shopping and Dining: The area boasts a variety of boutique shops, gourmet markets, and fine dining restaurants. Popular spots include the Summerhill Market for gourmet groceries and the renowned Sorrel Restaurant for French-Mediterranean cuisine .
- •Education: Summerhill offers access to several top-rated public and private schools, including Cottingham Junior Public School, The York School, and The Linden School. The emphasis on education makes it an attractive location for families .
- •Fitness and Recreation: Residents have access to various fitness centers, sports clubs, and outdoor recreational facilities. The Summerhill Fitness Centre and the Cottingham Tennis Club are popular choices for maintaining an active lifestyle
Real Estate in Summerhill
The real estate market in Summerhill is characterized by its mix of historic homes and modern condominiums:
- •Average Home Prices: The average home price in Summerhill is approximately $2.5 million, reflecting its status as one of Toronto’s more affluent neighborhoods. This is significantly higher than the Toronto average of around $1.2 million
- •Notable Pre-Construction Condominium Buildings: Summerhill has several notable pre-construction condo developments, such as The Davies, which offer luxury living with modern amenities like concierge services, fitness centers, and rooftop terraces
- •Market Trends: The Summerhill real estate market remains strong, driven by its historic charm, high-quality amenities, and strong community spirit. Properties in this area are in high demand, often resulting in competitive market conditions
Economic Profile
- •Average Income: The median household income in Summerhill is significantly higher than the city of Toronto’s average. With an average individual income of approximately $200,000, the residents of Summerhill enjoy a high standard of living
Key Takeaways
- •Historic and Scenic Charm: Summerhill’s beautiful Victorian and Edwardian homes, lush parks, and vibrant cultural scene make it a picturesque and attractive place to live.
- •Vibrant Community: With numerous cultural events, excellent dining, and shopping options, Summerhill offers a lively and welcoming community atmosphere.
- •Desirable Real Estate: The neighborhood’s real estate market is strong, with high property values and consistent demand, making it a prime location for both homeowners and investors.
Summerhill stands out as one of Toronto’s most prestigious neighborhoods, offering a unique blend of historical charm, cultural vibrancy, and modern amenities. Whether you’re looking for a family-friendly environment, a vibrant community, or a luxurious place to call home, Summerhill has it all.
Development team
- Developer
- Architect
- Sales Company
Key Information
585 sq.ft
(15% + 5%)
$10,000.00 On Signing
Balance to 2.5% - 30 days
2.5% - Jan 10, 2024
2.5% - Apr 1, 2024
2.5% - Jan 10, 2025
2.5% - Apr 1, 2025
2.5% - Jan 10, 2026
5% - Occupancy
Key Selling Points
Location: Situated at Yonge and St. Clair, where Yorkville meets Forest Hill, offering a mixed-use neighborhood with everything within walking distance and transit at the doorstep.
Architecture and Design: Crafted by Arcadis (formerly IBI Group), the design integrates the facade of the existing heritage building with the new tower, featuring dramatic, contrasting black and white exteriors and a striking 15-foot cantilever.
Building Features & Amenities: The building has 50 storeys with approximately 580 units, including 2 guest suites. Amenities span approximately 10,474 SF with a health and wellness focus, including a fitness center, meditation space, yoga studio, event space with indoor and outdoor seating, a co-working space, and a gaming lounge.
Developer: Metropia
Background: Led by Howard Sokolowski, with over 30 years of experience in home development, Metropia is recognized for creating high-quality communities.
Notable Projects: Metropia developed Union City, a record-breaking master-planned community, selling over 1200 units in just six days. Since 2009, Metropia has sold, built, and received approvals for over 14,000 units across the Greater Toronto Area (GTA).
Location: Yonge & St. Claire, Toronto
Walkscore and Transitscore: The area boasts a walk score of 95 and a transit score of 95, indicating excellent walkability and connectivity.
Nearby Amenities: The location offers quick access to some of the city's finest restaurants, and it's close to prestigious private schools like Upper Canada College, The Bishop Strachan School, and The York School. It's also steps away from the Yonge and St Clair subway station and the future TTC Eglinton LRT.
- Gaming Lounge
- Outdoor Terrace
- Co Working Space
- Spin Room
- Event Space
- Meditation Room
- Putting Green
- Strength and Cardio Room
- Yoga Studio
- Fitness Centre
- BBQ Area
- Private Dining
Additional Information
542 Suites
Show Available & Sold | Suite Name | Suite Type | Size | View | Floor Range | Price |
|---|
All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.
- Launch Price/ft
- *****
- Current Price/ft
- $1,599 /ft
- Change from Launch
- *****
- Studio Price
- $1,787/ft
- 1 Bed Price
- $1,544/ft
- 2 Bed Price
- $1,420/ft
- Studio Change from Launch
- *****
- 1 Bed Change from Launch
- *****
- 2 Bed Change from Launch
- *****
